Thursday, March 26, 2009

ATTENTION FOR DIABETES

















4
Steps
to Control Your Diabetes.
For Life.
National Diabetes Education Program
1-800-438-5383 • www.ndep.nih.gov
Contents
Introduction 1
Step 1: Learn about diabetes. 3
Step 2: Know your diabetes ABCs. 6
Step 3: Manage your diabetes. 8
Step 4: Get routine care. 11
My Diabetes Care Record 13
Notes 16
Where to get help Inside Back Cover
NATIONAL DIABETES EDUCATION PROGRAM
4
Steps to Control Your Diabetes. For Life.
This booklet presents four key steps to help you manage your diabetes and live a long and active life.
Step 1:
Learn about diabetes.
Step 2:
Know your diabetes ABCs.
Step 3:
Manage your diabetes.
Step 4:
Get routine care to avoid problems.
1
Diabetes is a serious disease. It affects almost every part of your body. That is why a health care team may help you take care of your diabetes:
n doctor n dentist
n diabetes educator n dietitian
n eye doctor n foot doctor
n mental health counselor n nurse
n nurse practitioner n pharmacist
n social worker n friends and family
You are the most important member of the team.
The 3 marks in this booklet show actions you can take to manage your diabetes.
3 Help your health care team make a diabetes care plan that will work for you.
3 Learn to make wise choices for your diabetes care each day.
2
Step 1: Learn about diabetes.
Diabetes means that your blood glucose (blood sugar) is too high. These are the main types of diabetes.
Type 1 diabetes — the body does not make insulin. Insulin helps the body use glucose from food for energy. People with type 1 need to take insulin every day.
Type 2 diabetes — the body does not make or use insulin well. People with type 2 often need to take pills or insulin. Type 2 is the most common form of diabetes.
Gestational (jes-TAY-shon-al) diabetes — may occur when a woman is pregnant. It raises her risk of getting another type of diabetes, mostly type 2, for the rest of her life. It also raises her child’s risk of being overweight and getting diabetes.
3
Diabetes is serious.
You may have heard people say they have "a touch of diabetes" or that their "sugar is a little high." These words suggest that diabetes is not a serious disease. That is not correct. Diabetes is serious, but you can learn to manage it!
All people with diabetes need to make healthy food choices, stay at a healthy weight, and be physically active every day.
Taking good care of yourself and your diabetes can help you feel better. It may help you avoid health problems caused by diabetes such as:
n heart attack and stroke
n eye problems that can lead to trouble seeing or going blind
n nerve damage that can cause your hands and feet to hurt, tingle, or feel numb. Some people may even lose a foot or a leg
n kidney problems that can cause your kidneys to stop working
n gum disease and loss of teeth
4
When your blood glucose is close to normal you are likely to:
n have more energy
n be less tired and thirsty and urinate less often
n heal better and have fewer skin or bladder infections
n have fewer problems with your eyesight, feet, and gums
3 Ask your health care team which type of diabetes you have.
3 Learn why diabetes is serious.
3 Learn how caring for your diabetes helps you feel better today and in the future.
5
Step 2: Know your diabetes ABCs.
Talk to you health care team about how to manage your A1C, Blood pressure, and Cholesterol. This can help lower your chances of having a heart attack, stroke, or other diabetes problems. Here’s what the ABCs of diabetes stand for:
A for the A1C test (A-one-C).
It shows you what your blood glucose has been over the last three months. The A1C goal for most people is below 7. High blood glucose levels can harm your heart and blood vessels, kidneys, feet, and eyes.
B for Blood pressure.
The goal for most people with diabetes is below 130/80.
High blood pressure makes your heart work too hard. It can cause heart attack, stroke, and kidney disease.
C for Cholesterol (ko-LES-ter-ol).
The LDL goal for most people is below 100.
The HDL goal for most people is above 40.
LDL or "bad" cholesterol can build up and clog your blood vessels. It can cause a heart attack or a stroke. HDL or "good" cholesterol helps remove cholesterol from your blood vessels.
6
3 Ask your health care team:
n what your A1C, blood pressure, and cholesterol numbers are
n what your ABC numbers should be
n what you can do to reach your targets
3 Write down all your numbers on the record card at the back of this booklet.
7
Step 3: Manage your diabetes.
Many people avoid the long-term problems of diabetes by taking good care of themselves. Work with your health care team to reach your ABC goals. Use this self-care plan.
n Use your diabetes meal plan. If you do not have one, ask your health care team for one.
— Eat healthy foods such as fruits and vegetables, fish, lean meats, chicken or turkey without the skin, dry peas or beans, whole grains, and low-fat or skim milk and cheese.
— Keep fish and lean meat and poultry portions to about 3 ounces (or the size of a deck of cards). Bake, broil, or grill it.
— Eat foods that have less fat and salt.
— Eat foods with more fiber such as whole-grain cereals, breads, crackers, rice, or pasta.
8
n Get 30 to 60 minutes of physical activity on most days of the week. Brisk walking is a great way to move more.
n Stay at a healthy weight by using your meal plan and moving more.
n Ask for help if you feel down. A mental health counselor, support group, member of the clergy, friend, or family member who will listen to your concerns may help you feel better.
n Learn to cope with stress. Stress can raise your blood glucose. While it is hard to remove stress from your life, you can learn to handle it.
n Stop smoking. Ask for help to quit.
n Take medicines even when you feel good. Ask your doctor if you need aspirin to prevent a heart attack or stroke. Tell your doctor if you cannot afford your medicines or if you have any side effects.
9
n Check your feet every day for cuts, blisters, red spots, and swelling. Call your health care team right away about any sores that do not go away.
n Brush your teeth and floss every day to avoid problems with your mouth, teeth, or gums.
n Check your blood glucose. You may want to test it one or more times a day. Use the card at the back of this booklet to keep a record of your blood glucose numbers. Be sure to take this record to your doctor visits.
n Check your blood pressure if your doctor advises.
n Report any changes in your eyesight to your doctor.
3 Talk to your health care team about your blood glucose targets. Ask how and when to test your blood glucose and how to use the results to manage your diabetes.
3 Use this plan as a guide to your self-care.
3 Discuss how your self-care plan is working for you each time you visit your health care team.
10
Step 4: Get routine care.
See your health care team at least twice a year to find and treat any problems early. Ask what steps you can take to reach your goals.
At each visit be sure you have a:
n blood pressure check
n foot check
n weight check
n review of your self-care plan shown in Step 3
Two times each year have an:
n A1C test – it may be checked more often if it is over 7
Once each year be sure you have a:
n cholesterol test
n triglyceride (try-GLISS-er-ide) test — a type of blood fat
n complete foot exam
n dental exam to check teeth and gums — tell your dentist you have diabetes
n dilated eye exam to check for eye problems
n flu shot
n urine and a blood test to check for kidney problems
At least once get a:
n pneumonia (nu-mo-nya) shot
11
3 Ask your health care team about these and other tests you may need. Ask what your results mean.
3 Write down the date and time of your next visit.
3 Use the card at the back of this booklet to keep a record of your diabetes care.
3 If you have Medicare, ask your health care team if Medicare will cover some of the costs for
n learning about healthy eating and diabetes self-care
n special shoes, if you need them
n medical supplies
n diabetes medicines
My Diabetes Care Record
Record your targets and the date, time, and results of your tests. Take this card with you on your health care visits. Show it to your health care team to remind them of tests you need.
A1C — At least twice each year Usual goal: below 7 My Target: _______
Date
Result
Blood Pressure (BP) — Each visit Usual goal: below 130/80 My Target: _______
Date
Result
Cholesterol (LDL) — Once each year Usual goal: below 100 My Target: _______
Date
Result
Cholesterol (HDL) — Once each year Usual goal: above 40 My Target: _______
Date
Result
Triglycerides — Once each year Usual goal: below 150 My Target: _______
Date
Result
Weight — Each visit My Target: _______
Date
Result

Monday, March 23, 2009

WHY NO VOTE FOR EXPATRIATE(PRAVASI) INDIANS

IT IS VERY UNFORTUNATE OUR GOVERNMENT DON'T WANT GIVE THE RIGHT OF VOTE FOR EXPATRIATE INDIANS. BUT THE POLITICAL PARTIES THEY NEED OUR PRAVASI FAMILY VOTE.

WE ARE INDIANS AND WE HAVE HOUSE AND FAMILY & OTHER PROPERTIES THERE, WE ARE GIVING TAX AND EVERY THING LIKE OTHERS AND WHY DISCRIMINATION FOR RIGHT OF VOTE.

EVEN SOME PEOPLE ONLY LESS THAN 6 MONTHS LIVING IN ABROAD AND THEIR NAME ALSO REMOVED FROM THE VOTERS LIST. IT IS NOT JUSTICE ROM OUR GOVERMENT AND POLITICAL PARTIES DOING THIS SEPERATION.

IF YOU WANT TO KNOW YOUR NAME IN THE NEW VOTERS LIST JUST GO THROUGH THE BELOW WEB SITE FROM CHIEF ELECTION COMMISSION OF KERALA. YOU WILL GET ALL DETAILS .....

http://www.ceokerala.com/


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Delimitation of Legislative Assembly Constituencies -2008 (Maps)
New HPC Maps
Booth Level Ofiicers List
Select Thiruvananthapuram Kollam Pathanamthitta Alappuzha Kottayam Idukki Ernakulam Thrissur Palakkad Malappuram Kozhikode Wayanad Kannur Kasaragod
Previous history of LAC
Select 1-Manjeshwar 2-Kasaragod 3-Udma 4-Hosdurg (SC) 5-Trikaripur 6-Irrikkur 7-Payyannur 8-Taliparamba 9-Azhikode 10-Kannur 11-Edakkad 12-Thalassery 13-Peringalam 14-Kuthuparamba 15-Peravoor 16-North Wayanad 17-Badakara 18-Nadapuram 19-Meppayyur 20-Quilandy 21-Perambra 22-Balusseri 23-Koduvally 24-Kozhikode North 25-Kozhikode South 26-Beypore 27-Kunnamangalam 28-Thiruvambady 29-Kalpetta 30-Sultan Bathery 31-Wandoor 32-Nilambur 33-Manjeri 34-Malappuram 35-Kondotty 36-Tirurangadi 37-Tanur 38-Tirur 39-Ponnani 40-Kuttipuram 41-Mankada 42-Perinthalmanna 43-Thirthala (SC) 44-Pattambi 45-Ottapalam 46-Sreekrishnapuram 47-Mannarkad 48-Malampuzha 49-Palakkad 50-Chittur 51-Kollangode 52-Koyalmannam (SC) 53-Alathur 54-Chelakara 55-Wadakkanchery 56-Kunnamkulam 57-Cherpu 58-Thrissur 59-Ollur 60-Kodakara 61-Chalakkudy 62-Mala 63-Irinjalakuda 64-Manalur 65-Guruvayoor 66-Nattika 67-Kodungalloor 68-Angamally 69-Vadakkekkara 70-Paravur 71-Njarakal (SC) 72-Ernakulam 73-Mattanchery 74-Palluruthy 75-Thripunithura 76-Aluva 77-Perumbavur 78-Kunnathunad 79-Piravam 80-Muvattupuzha 81-Kotahmangalam 82-Thodupuzha 83-Devikulam 84-Idukki 85-Udumbanchola 86-Peerumade 87-Kanjirappally 88-Vazhoor 89-Changanacherry 90-Kottayam 91-Ettumanoor 92-Puthupally 93-Poonjar 94-Pala 95-Kaduthuruthy 96-Vaikom 97-Aroor 98-Cherthala 99-Mararikulam 100-Alappuzha 101-Ambalapuzha 102-Kuttanad 103-Haripad 104-Kayamkulam 105-Thiruvalla 106-Kallooppara 107-Aranmula 108-Chengannur 109-Mavelikkara 110-Pandalam (SC) 111-Ranni 112-Pathanmthitta 113-Konni 114-Pathanapuram 115-Punaloor 116-Chadayamangalam 117-Kottarakkara 118-Neduvathur 119-Adoor 120-Kunnathur (SC) 121-Karaunagappally 122-Chavara 123-Kundara 124-Kollam 125-Eravipuram 126-Chathannoor 127-Varkala 128-Attingal 129-Kilimanoor (SC) 130-Vamanapuram 131-Aryanad 132-Nedumangad 133-Kazhakkuttam 134-Trivandrum North 135-Trivandrum West 136-Trivandrum East 137-Nemom 138-Kovalam 139-Neyyattinkara 140-Parassala
Voters List
Select1-Manjeshwar2-Kasaragod3-Udma4-Kanhangad5-Trikarpur6-Payyanur7-Kalliassery8-Taliparamba9-Irikkur10-Azhikkode11-Kannur12-Dharmadam13-Thalassery14-Kuthuparamba15-Mattannoor16-Peravoor17-Mananthawady18-Sulthan Bathery19-Kalpetta20-Vadakara21-Kuttiady22-Nadapuram23-Koyilandy24-Perambra25-Balussery26-Elathur27-Kozhikode North28-Kozhikode South29-Beypore30-Kunnamangalam31-Koduvally32-Thiruvambady33-Kondotty34-Eranad35-Nilambur36-Wandoor37-Manjeri38-Perinthalmanna39-Mankada40-Malappuram41-Vengara42-Vallikkunnu43-Tirurangadi44-Tanur45-Tirur46-Kottackal47-Thavanoor48-Ponnani49-Thrithala50-Pattambi51-Shornur52-Ottapalam53-Kongad54-Mannarkkad55-Malampuzha56-Palakkad57-Tarur58-Chittur59-Nenmara60-Alathur61-Chelakkara62-Kunnamkulam63-Guruvayur64-Manalur65-Wadakkanchery66-Ollur67-Thrissur68-Nattika69-Kaipamangalam70-Irinjalakuda71-Puthukkad72-Chalakudy73-Kodungallur74-Perumbavoor75-Angamaly76-Aluva77-Kalamassery78-Paravur79-Vypeen80-Kochi81-Thripunithura82-Ernakulam83-Thrikkakkara84-Kunnathunad85-Piravom86-Muvattupuzha87-Kothamangalam88-Devikulam89-Udumbanchola90-Thodupuzha91-Idukki92-Peermade93-Pala94-Kaduthuruthy95-Vaikom96-Ettumanoor97-Kottayam98-Puthuppally99-Changanasserry100-Kanjirappally101-Poonjar102-Aroor103-Cherthala104-Alappuzha105-Ambalappuzha106-Kuttanad107-Haripad108-Kayamkulam109-Mavelikara110-Chengannur111-Thiruvalla112-Ranni113-Aranmula114-Konni115-Adoor116-Karunagappally117-Chavara118-Kunnathur (Sc)119-Kottarakkara120-Pathanapuram121-Punalur122-Chadayamangalam123-Kundara124-Kollam125-Eravipuram126-Chathannur127-Varkala128-Attingal129-Chirayinkeezhu130-Nedumangadu131-Vamanapuram132-Kazhakkuttom133-Vattiyoorkavu134-Thiruvananthapuram135-Nemom136-Aruvikkara137-Parassala138-Kattakada139-Kovalam140-Neyyattinkara
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Sunday, March 22, 2009

DIGNITY OF OUR INDIAN PARLIAMENT

ACCORDING TO OUR HONARABLE SPEAKER MR. SOMANATH CHATTERGEE AND SOME OTHER RELIABLE SOURCE IS GIVING US THE REAL PICTURE OF OUR CURREENT PARLIAMENT MEMBERS QUALITY & PERFORMANCE BY THEIR LAST 5 YEARS OF EXPERIENCE.

ALL NATIONAL & STATE POLITICAL PARTIES MP'S ARE INVOLVED CRIMINAL BACKGROUND AND IT IS A GOOD TIME TO THINK VOTERS TO CHOSE OUR CANDIDATE WHO WILL REACH TO THE NEXT PARLIAMENT.

SEE THE ORDINAL STATUS OF THE CRIMINALS IN PARLIAMENT BY TOTAL MEMBERS AND % OF CRIMINALS.

1. Jharkand Mukti Morcha 5 100%

2. Shiv Sena 12 58.3%

3. NCP 9 55.6%

4. Akali Dal 8 50.6%


5. Rashtriya JANATHADAL 24 45.8 %

6. BSP 19 42.1%

7. Janath Dal United 8 37.5%

8. Forward Block 3 33.3%

9. Samajwadi Party 36 30%

10. CPI 10 30%

11. BJP 136 28.7%

12. DMK 16 25%

13. AIADMK 4 25%

14. Lokjan Sakthi 4 25%

15. Congress 145 17.9%

16. CPM 43 16.3%

17. Biju JD 11 9.1%

CONGRESS AND CPM IS THE STATUS OF 15TH 16TH BUT BJP AND CPI 10TH 11TH SEE THE SMALL PARTIES ALSO.

BUT THE ADVANTAGE OF UPA LEADING PARTT CONGRESS UNDER THE LEADERSHIP OF SONIA GANDHI & DR. MANMOHAN SINGH PRIME MINISTER OF INDIA AND HE IS LEADING TEH CABINET THERE IS NO MORE CRIMINALS AND CORREPTED MINISTER STILL ALIVE.

SO THIS MINISTRY IS MORE BETTER THAN THE PREVIOUS BJP MINISTRY.

Thursday, March 19, 2009

Islamic Banking: Steady in Shaky Times

Islamic Banking: Steady in Shaky ടൈംസ്‌
Islamic Banking: Steady in Shaky TimesPrinciples Based on Religious Law Insulate Industry From Worst of Financial CrisisBy Faiza Saleh AmbahWashington Post Foreign Service Friday, October 31, 2008; Page A16 JIDDAH, Saudi Arabia -- As big Western financial institutions have teetered one after the other in the crisis of recent weeks, another financial sector is gaining new confidence: Islamic banking. Proponents of the ancient practice, which looks to sharia law for guidance and bans interest and trading in debt, have been promoting Islamic finance as a cure for the global financial meltdown. This week, Kuwait's commerce minister, Ahmad Baqer, was quoted as saying that the global crisis will prompt more countries to use Islamic principles in running their economies. U.S. Deputy Treasury Secretary Robert M. Kimmet, visiting Jiddah, said experts at his agency have been learning the features of Islamic banking. Though the trillion-dollar Islamic banking industry faces challenges with the slump in real estate and stock prices, advocates say the system has built-in protection from the kind of runaway collapse that has afflicted so many institutions. For one thing, the use of financial instruments such as derivatives, blamed for the downfall of banking, insurance and investment giants, is banned. So is excessive risk-taking. "The beauty of Islamic banking and the reason it can be used as a replacement for the current market is that you only promise what you own. Islamic banks are not protected if the economy goes down -- they suffer -- but you don't lose your shirt," said Majed al-Refaie, who heads Bahrain-based Unicorn Investment Bank. The theological underpinning of Islamic banking is scripture that declares that collection of interest is a form of usury, which is banned in Islam. In the modern world, that translates into an attitude toward money that is different from that found in the West: Money cannot just sit and generate more money. To grow, it must be invested in productive enterprises. "In Islamic finance you cannot make money out of thin air," said Amr al-Faisal, a board member of Dar al-Mal al-Islami, a holding company that owns several Islamic banks and financial institutions. "Our dealings have to be tied to actual economic activity, like an asset or a service. You cannot make money off of money. You have to have a building that was actually purchased, a service actually rendered, or a good that was actually sold." In the Western world, bankers designing investment instruments have to satisfy government regulators. In Islamic banking, there is another group to please -- religious regulators called a sharia board. Finance lawyers work closely with Islamic finance scholars, who study and review a product before issuing a fatwa, or ruling, on its compliance with sharia law. Islamic bankers describe depositors as akin to partners -- their money is invested, and they share in the profits or, theoretically, the losses that result. (In interviews, bankers couldn't recall a case in which depositors actually lost money; this shows that banks put such funds only in very low-risk investments, they said.) Rather than lend money to a home buyer and collect interest on it, an Islamic bank buys the property and then leases it to the buyer for the duration of the loan. The client pays a set amount each month to the bank, then at the end obtains full ownership. The payments are structured to include the cost of the house, plus a predetermined profit margin for the bank. Sharia-compliant institutions also cannot invest in alcohol, pornography, weapons, gambling, tobacco or pork. Computer engineer Tarek al-Bassam said the crisis made him glad that he had chosen an Islamic bank to take his money. His Islamic savings account has made about 4 percent profit, he said. "Usually it's a very low risk or a very low gain. But I'm happy with it," Bassam said.He has also borrowed from an Islamic bank, to buy a building. Even if he's late in his payments, he said, he will not have to pay cumulative interest or a larger sum than the one agreed upon. But he notes that under this system, it can be harder to get a loan than from a conventional bank. Islamic banks have stricter lending rules and require that their borrowers provide more collateral and have higher income. Islamic banking has grown by about 15 percent a year since its modern inception in the 1970s, fueled by the Middle East oil boom of that decade. "There was a lot of hostility when we first started out. We were regarded with suspicion, especially by the regulatory authorities. We were an odd fish. Authorities only acquiesced when they saw the huge demand," said Dar al-Mal al-Islami's Faisal, who has been in Islamic finance since the late 1970s. Islamic finance now accounts for about 1 percent of the global market, according to Majid Dawood, chief executive of Yasaar, a Dubai-based sharia financing consultancy. "We had expected to be at 12 percent of the global market by 2025, but now with this financial crisis, we expect to get there much faster," he said in a telephone interview from New York, where he was speaking at a conference on Islamic banking. Growth in Islamic banking picked up even before the current financial crisis, mainly because of strong client demand for safe, religiously acceptable investments and a recent explosion in new and innovative financial instruments, said Jane Kinninmont, an analyst at the Economist Intelligence Unit, a research and advisory company. Islamic banks now offer credit cards in which the full balance must be paid off at month's end. They have devised a kind of commercial paper known as sukuk, which generates a predetermined return that is called a profit, not interest. It is tied to a specific asset and conveys ownership of it. A sukuk might be issued by a government or a company that is building a hospital or a bridge, for example. Work in Islamic banking by the King & Spalding law firm has grown roughly 40-fold in the past four years, according to Jawad Ali, a Dubai-based partner at the firm. The firm has 35 lawyers "who do nothing but structure sharia-compliant investment and financing on a daily basis," he said. Islamic finance first sparked interest in the United States in the late 1990s. The Dow Jones Islamic Index was established in 1999, and the Dow Jones Islamic Fund, which invests in sharia-compliant companies, the following year. But interest cooled after some Islamic banks were accused of financing terrorism in a lawsuit filed by family members of Sept. 11, 2001, victims, and a lot of Persian Gulf money left the United States for Europe. In 2004, the German state of Saxony-Anhalt issued a 100 million-euro sovereign Islamic bond. That same year, the first Islamic bank opened in Britain, which now has six Islamic financial institutions, including a retail bank. Although the biggest Islamic banks are in the Persian Gulf -- Dubai Islamic Bank, Kuwait Finance House and Saudi Arabia's al-Rajhi Bank -- Malaysia and London are growing as major centers of Islamic banking as well. Islamic institutions are not immune to ills plaguing other banks, such as corruption charges and bad investments. Differences of interpretation between sharia scholars about what is permissible and what isn't also create confusion. The sukuk market, which had doubled each year since 2004, growing to a total of about $90 billion in bonds issued, fell 50 percent this year after a Bahrain-based group of Islamic scholars decreed that most of the bonds were not compatible with sharia law. But as banks turn borrowers away in these times of economic turmoil, Islamic institutions continue to close deals in Europe, the Gulf and the United States, bankers said. "Banks feel safer and more comfortable with us because we put down more money, more equity. We are not allowed to borrow with very little down," said Tariq Malhance, a former chief financial officer for the city of Chicago who now heads Unicorn Investment Bank's U.S. office. And those who have been in Islamic banking for a long time now feel vindicated. "The current financial collapse is an opportunity. The ugly side of Wall Street is exposed; it's always been there but covered by a layer of glamour that is now stripped away," Faisal said. "We are more conservative and sober in our investments. That used to be considered a handicap. Now it's considered the height of wisdom."

Aconomic developments around the globe

A look at economic developments around the globe
By The Associated Press, 03.18.09, 02:24 PM EDT


A look at economic developments and stock market activity around the world Wednesday:
BEIJING - The World Bank cut its forecast of China's 2009 growth to 6.5 percent from 7.5 percent due to plunging exports but expressed confidence in Beijing's ability to keep the world's third-largest economy expanding amid global turmoil. The drop in trade will hurt investment and job creation, the bank said in a quarterly report. But it said China still should grow faster than other major countries due to its huge stimulus package and strong banks, which were unhurt by the global crisis.
Meanwhile, China rejected Coca-Cola Co.'s $2.5 billion bid to buy a major Chinese fruit juice maker in a closely watched case that stirred nationalist opposition to the sale of a successful homegrown brand to foreigners. Coca-Cola's purchase of Huiyuan Juice Group Ltd. was rejected on anti-monopoly grounds, the Commerce Ministry said.
Shanghai's benchmark Composite Index added 0.2 percent to 2,223.73. Hong Kong's Hang Seng index led the region, gaining 239.08 points, or 1.9 percent, to 13,117.17.
LONDON - Britain's financial services watchdog proposed sweeping changes to global banking regulations, including a crackdown on the "shadow banking" activities of institutions like hedge funds. The government-commissioned banking services report recommends new rules on a wide range of issues from increased requirements on banks on holding capital to stricter controls on bankers' bonuses to discourage excessive risk taking. Britain will host an April 2 summit of the Group of 20 rich and developing countries that will discuss ways to address the world financial crisis, including more regulation.
Meanwhile, unemployment in Britain rose above 2 million in January, the highest in 12 years, as the world economic downturn hit the manufacturing sector especially hard. The rise from 1.97 million out of work in December to 2.03 million in January raised the unemployment rate from 6.3 percent to 6.5 percent, the Office for National Statistics said.
Britain's FTSE 100 closed down 1.4 percent at 3,804.99.
FRANKFURT - German carmaker BMW AG said it was facing a "transitional year" and that it expected sales volumes to decrease 10 to 20 percent in 2009 because of the economic crisis. Chief Executive Norbert Reithofer said the company's priorities in 2009 are for liquidity, free cash flow and working capital, fixed costs and investments.
In other auto news, German Economy Minister Karl-Theodor zu Guttenberg said the U.S. and German governments share the same concerns over the possible bailout of Detroit automaker General Motors Corp. and its European subsidiary Adam Opel GmbH. Speaking after meetings late Tuesday with U.S. Treasury Secretary Timothy Geithner in Washington, Guttenberg said "we're now marching together" in looking at a bailout plan.
Germany's DAX added 0.2 percent at 3,996.32.
TOKYO - Japan's central bank kept its benchmark rate steady and boosted its purchase of government bonds to keep ample cash in the monetary system as the nation grapples with a debilitating global slowdown. The Bank of Japan has little room left to go on standard monetary policy, such as lowering interest rates, with its benchmark interest rate already close to zero. Wrapping up a two-day meeting, the bank's board voted unanimously to keep its key overnight call rate at 0.1 percent. The Bank of Japan also raised its monthly government bond purchase to 1.8 trillion yen ($18.3 billion) from the previous 1.4 trillion yen, effective this month. Late Tuesday, the bank said it is considering providing loans to commercial banks in an effort to shore up their capital base and encourage banks to lend themselves. Analysts said the move, if adopted, would be unusual for central banks. It is still unclear what the central bank's final plan might be.
In corporate actions, Toshiba Corp. said it named Norio Sasaki as its president and CEO, joining a string of other Japanese companies in shuffling management amid a crippling recession. Sasaki, 59, is a corporate senior executive vice president and is an expert in nuclear energy. Sasaki would replace Atsutoshi Nishida in June. Nishida, 65, will become chairman.
Tokyo's benchmark Nikkei 225 stock average added 23.04 points, or 0.3 percent, to 7,972.17.
PARIS - European Central Bank president Jean-Claude Trichet said economic growth could resume next year, although 2009 will be "very, very difficult." He told on France's Europe-1 radio that an economic recovery depends on the confidence of governments, businesses and consumers. "The essential problem is not to make predictions in an uncertain world, it is to find confidence again," Trichet said.
In markets, France's CAC 40 lost 0.3 percent at 2,760.34.
CANBERRA, Australia - The government announced curbs on big payouts to top executives, denouncing a system that has seen "the retirement gold watch replaced by a truckload of gold bullion." The move is the latest evidence of worldwide anger at what many see as disproportionate payments to the executives of companies despite mismanagement that has contributed to the global financial crisis.
With public anger at corporate greed spreading, the Australian government also announced an inquiry into the rules dictating how Australia's corporate directors and executives are paid.
Meanwhile, nagging fears that a $19.5 billion deal with a major Chinese company could fail sent debt-troubled Rio Tinto's share price tumbling almost 9 percent, just hours after the mining giant's newly-appointed chairman stressed the plan's importance. Australian regulators earlier this week deferred making a decision on whether Aluminum Corp. of China, or Chinalco, should be able to double its stake in the Anglo-Australian miner, prompting some minority lawmakers to publicly oppose the deal saying it was selling off assets that should stay Australian. The Foreign Investment Review Board said it would investigate the plan for another 90 days before making a recommendation to Treasurer Wayne Swan, who has consistently said he will only approve it if it is in the national interest. The plan also needs shareholder approval.
Australia's benchmark S&P/ASX 200 dipped 0.2 percent.
SEOUL, South Korea - South Korea's jobless rate rose for a fourth straight month as the country's worst slump in a decade takes its toll on workers. February's unemployment rate stood at 3.9 percent, up from 3.6 percent in January, according to the Korea National Statistical Office.
The Kospi stock index rose 0.5 percent to 1,169.95.
MILAN - Italy's Unicredit SpA said it may seek as much as euro4 billion ($5.18 billion) in state aid as it reported a 57 percent drop in fourth quarter profits, due mostly to trading losses in the global financial meltdown. CEO Alessandro Profumo said Unicredit was considering state aid to remain competitive with other banks in the market that have been shored up. That would make Unicredit the second bank in Italy, after Banco Popolare, to seek state aid in the form of convertible bonds that the bank would sell to the government.
BANGKOK, Thailand - Thailand's exports slid for a fourth straight month in February as demand for the country's cars, electronics and other goods dwindled. Exports dropped 11.3 percent from a year earlier to $11.7 billion, Permanent Secretary of Commerce Ministry Siripol Yodmuangcharoen said. Thailand's economy is the second-largest in Southeast Asia after Indonesia.
KIEV, Ukraine - Ukrainian Prime Minister Yulia Tymoshenko and her Cabinet cut their own salaries in half and urged lawmakers to follow suit as economic crisis grips the country. Ukraine is among the countries hardest-hit in the global financial meltdown. Ukraine's divided leadership is trying to secure a $16.4 billion loan from the International Monetary Fund.
BELGRADE, Serbia - Serbia this year needs up to euro1.5 billion in foreign loans to cover a swelling budget deficit created by the global financial crisis, Prime Minister Mirko Cvetkovic said. Those funds will be sought from foreign creditors, including commercial banks, the World Bank and the European Union.
COLOMBO, Sri Lanka - Sri Lanka's economic growth cooled to 4.3 percent in the fourth quarter as the global slump cut off demand for tea, rubber and other exports from the island. Growth slowed from 6.3 percent in the third quarter, while for all of 2008, the economy expanded 6 percent, down from 6.8 percent the previous year, according to figures from Sri Lanka's Department of Census and Statistics. Before the figures were announced, the central bank lowered interest rates for the third time in three months.
BRUSSELS - A group of European small businesses criticized EU states' economic recovery plans as "shortsighted and not very smart." Eurochambres, an association of European chambers of commerce, said plans from the European Union's 27 nations do little to kickstart long-term growth because more than half don't encourage research and don't promote energy efficiency, green products or clean technology. The group called for EU governments to coordinate their plans more because differences could give companies in one country an unfair advantage over rivals elsewhere. It also said businesses needed state guarantees to help them get credit.
WARSAW, Poland - Poland's industrial production dropped 14.3 percent in February compared to the same month last year. The figures mark the fifth consecutive month of declining industrial production - a key indicator of an economy's overall health.
Romania will get an emergency loan for euro18-20 billion ($24-26 billion) from the International Monetary Fund, the European Union and the World Bank to survive the global economic crisis, a Romanian official said Wednesday.
An IMF delegation is currently on a visit to Romania to discuss the loan.
Copyright 2009 Associated Press. All rights reserved. This material may not be published broadcast, rewritten, or redistributed

ഫിനാന്‍ഷ്യല്‍ ക്രൈസിസ്

What the World Bank Is DoingDeveloping countries face a new challenge from the global financial crisis, which is rapidly becoming an unemployment crisis. The World Bank Group is helping with the financial rescue but believes that we must remain focused on the human rescue for the many millions left behind. As many as 53 million more people could be trapped in poverty as economic growth slows around the world, according to Bank forecasts. This is on top of the 130-155 million people pushed into poverty in 2008 because of soaring food and fuel prices.Sharply tighter credit conditions and weaker growth are cutting into government revenues and their ability to invest to meet education, health and gender goals, as well as the infrastructure expenditures needed to sustain growth. Almost 40 percent of 107 developing countries were highly exposed to the poverty effects of the crisis and the remainder was moderately exposed, with less than 10 percent facing little risk, according to new World Bank Group estimates. An unprecedented global financial crisis demands unprecedented initiatives to restore growth.The Bank is calling for developed countries to pledge 0.7 percent of their stimulus packages, or as much as they can in additional money, to a global vulnerability fund to help developing countries, which can't afford bailouts and deficits. This vulnerability fund is not a new entity but a target for developed countries to scale up help to existing development actors (national aid agencies; UN agencies, multilateral development banks; non-governmental organizations, etc). The fund would focus on these three priorities: safety net programs; investments in infrastructure; support for small and medium-sized enterprises. New Bank Initiatives (updated March 13, 2009)Building on reforms already underway, the Bank Group has moved swiftly over the last year to expand and speed up lending, assistance, and advice to developing countries:
Launched a $1.2 billion Global Food Response Program (GFRP) in May 2008 to speed assistance to the neediest countries. In FY08/09 GFRP loans were processed on average in under two months.
Set up a new facility to speed $2 billion to help poorest countries by expediting approval processes for money from the $42 billion IDA 15 fund. Money will be used for safety nets, infrastructure, education and health. In February 2009, the Bank approved $35 million for Armenia and $100 million for the Democratic Republic of Congo.
IBRD could make new commitments of up to $100 billion over the next three years, the Bank announced in 2008. This year (2009) lending could almost triple to more than $35 billion compared to $13.5 billion last year to meet additional demand from our developing country partners. In December 2008, the Bank approved $500 million for structural reforms in Ukraine to help mitigate the impact of the financial crisis. The Bank also agreed to help India with $3 billion in increased investment, as part of the Bank's new country strategy. In March 2009, the Bank approved a $2 billion standby loan for Indonesia, uniquely designed as insurance for the country should the global financial crisis worsen.
The World Bank Group will provide support of about €7.5 billion to help the Eastern Europe banking sector and to fund lending to businesses hit by the global economic crisis. The financial support will include equity and debt finance, credit lines, and political risk insurance.
IBRD intends to increase lending in Europe and Central Asia up to €16 billion in 2009-10. From that up to €3.5 billion is envisaged for addressing banking sector issues in emerging Europe.
MIGA will provide political risk insurance capacity of up to €2 billion for bank lending, subject to Board approval.
IFC, through its crisis response initiatives in sectors including banking, infrastructure, and trade as well as through its traditional investment and advisory services, is expected to contribute up to €2 billion.

Tuesday, February 24, 2009

Indian political scandals

[edit] 1900s
Telecom scam (
Sukh Ram)
HDW Submarine
Bitumen scam
Tansi land deal
JMM Bribery Scandal
St Kitts case
Urea scam
Anantnag transport subsidy scam
1971 Nagarwala scandal
Fodder scam
1975: Declaration of
Emergency
Churhat lottery scam

[edit] 1990s
Bofors Scandal (1990)
Animal Husbandry Case (1990)
Bombay Stock Exchange Manipulation & Fraud by Harshad Mehta (1992)
Hawala scandal (1993)
Sukh Ram (1996)
Fodder Scam in Bihar (1996)
Kerala SNC Lavalin power scandal (1997)

[edit] 2000s
Ketan Parekh Scandal, Barak Missile Deal Scandal, Tehelka Scandal (2001)
Taj corridor case (2002-2003)
Telgi scandal (2003)
Nitish Katara Murder Case (2004)
Oil-for-food programme scam (Natwar Singh) (2005)
Jessica Lal case (2006)
Human Trafficking Scam involving
Babubhai Katara.
Gujarat Fake Encounter Controversy (2007)
Cash-for-votes scandal in the federal parliament (2008)
This list is
incomplete; you can help by expanding it.
Satyam fraud.
[
edit] Criminal-politicians
In Uttar Pradesh Assembly elections 2002, candidates with criminal records won 206 out of 403 seats in the assembly, i.e. more criminals were elected than regular politicians. In
Uttar Pradesh state assembly elections, 2007 74% more criminal politicians were given tickets by the mainstream parties.
See
a list of some Indian criminal-politicians.
Manmohan Singh has said the country needed a law to define the meaning of "criminal" - and who should or should not be a minister.[1]
In July 2008 Washington Times reported that nearly a fourth of the 540
Indian Parliament members faced criminal charges, "including human trafficking, immigration rackets, embezzlement, rape and even murder".[2]

[edit] Notable convicted or charged criminals
Shibu Soren allegedly started his political career by using mob attacks to eliminate political opponents. He became a minister in 2004. He continues as the Chief Minister of Jharkhand as of 2008 even though he has been sentenced to life for murder.
In 2005, a charged serial killer and terrorist
Raghuraj Pratap Singh became the Minister for Food and Civil Supplies.
Pappu Kalani is currently on bail in 19 cases including eight murders[3] and was most recently elected Member of the Legislative Assembly for Ulhasnagar.
Mohammad Shahabuddin is the Member of Parliament from Siwan, Bihar. He is currently serving a life sentence for kidnapping with intent to murder, and is facing trial in more than thirty criminal cases including eight of murder, twenty of attempted murder, as well as kidnapping, extortion, etc.[4][5]
Uttar Pradesh 2007 election, Pawan Pandey (
Apna Dal, supported by Bharatiya Janata Party) had 63 criminal cases pending against him, the highest number of cases pending against any candidate in the election.[6]
Mayawati is the richest politician in India. Several cases are pending against her. Among others, her administration planned to build a shopping center next to the Taj Mahal.
This list is
incomplete; you can help by expanding it.